Supply Chain Research

Freight forwarders operating U.S. inbound routes had a tough second quarter, with shipments that fell by 11.2% year over year in Q2. Among the major forwarders, the best performing was Kerry’s Apex with a 5.9% year over year rise in U.S. seaborne imports handled by the firm in Q2, while those handled by UPS improved by 1.9%. At the other end of the scale DSV Panalpina’s volumes dropped by 17.8% while CMA CGM’s Ceva Logistics experienced a 34.1% decline. Aside from weaker volumes the forwarders also face continued technology-led competitive pressure. Those include blockchain based scheme...